Search Result for: fiscal

363 results found.

Puerto Rico Economic Index Fell 3.8 Percent in Last Fiscal Year: Report

Above: San Juan (CJ Photo) By the Caribbean Journal staff Puerto Rico’s economy fell by 3.8 percent in the last fiscal year, according to data from the Government Development Bank of Puerto Rico. The Government Development Bank uses a metric […]

Jamaica to Receive $80 Million IDB Loan for “Fiscal Sustainability”

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica will be receiving an $80 million loan from the Inter-American Development Bank aimed at improving the “effectiveness and efficiency” of the country’s tax system. The loan will target “fiscal sustainability,” […]

US Virgin Islands Governor Joins Letter Urging Deal on Fiscal Cliff

Above: US Virgin Islands Governor John de Jongh By the Caribbean Journal staff United States Virgin Islands Governor John de Jongh has signed on to a letter urging US leaders to prevent the looming “fiscal cliff.” The letter was addressed […]

S&P Lowers Bahamas’ Outlook to Negative, Points to Weakening Fiscal Profile

Above: downtown Nassau (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has revised the outlook on its long-term rating on the Bahamas to negative from stable, the ratings firm announced Monday. The revision reflected the firm’s view that […]

IMF: Dominican Republic Economy Slows Down, Fiscal Position Deteriorates

By the Caribbean Journal staff The Dominican Republic’s economy has slowed down this year, according to the International Monetary Fund, which recently concluded a staff visit to the country. The meeting, which took place from Sept. 10 to Sept. 18, […]

Japan to Help Bahamas on Fiscal Policy

Above: State Minister Zhivargo Laing, IDB representative Astrid Wynter. From left, Honorary Consul-General of Japan Robert Sands and Ambassador Hiroshi Yamaguchi. (BIS Photo/Kristaan Ingraham) By the Caribbean Journal staff The Bahamas and Japan have signed a $612,000 technical cooperation agreement […]

Jamaica Gets $65 Million IDB Loan for Fiscal Administration

By the Caribbean Journal staff Jamaica will modernize its fiscal administration in a programme funded by a $65 million Inter-American Development Bank. The programme aims to improve customs and tax revenue collections, along with better management of the government’s debt […]

Puerto Rico Is Breaking Tourism Records

From hotel occupancy to new flights to cruise ship arrivals, Puerto Rico is breaking many of its tourism records, according to Carlos Mercado Santiago, the executive director of the Puerto Rico Tourism Company. The destination’s numbers from the just-closed fiscal […]

Jamaica Has Big Tourism Development Plans in Negril

Jamaica has big tourism plans for Negril on the island’s northern coast. To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive investment news or Caribbean Journal Travel Advisor for targeted content for […]

Jamaica Reporting Record-Breaking Tourism Earnings

Jamaica’s strong recovery from the pandemic is leading to record-breaking tourism revenues for the island, according to the country’s Minister of Tourism. Minsiter Edmund Bartlett say the island ended the year with tourism earnings of $3.64 billion. “The 2022-2023 fiscal […]

Marriott Set to Debut New Resorts in St Thomas, USVI

Marriott will be debuting a pair of highly-anticipated new resorts in St Thomas, USVI this fall. The new Frenchman’s Reef, St Thomas’ most iconic hotel property, will reopen this winter with a pair of resorts: the The Seaborn, part of […]

MarineMax Is Buying 8 Marinas in the Caribbean

By Alexander Britell To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive investment news or Caribbean Journal Travel Advisor for targeted content for travel agents and advisors. Subscribe today to unlock this […]

US Virgin Islands Tourism Is Booming

It’s been one of the biggest success stories in Caribbean tourism since the onset of the pandemic: the US Virgin Islands, which expertly navigated the uncertain waters of the pandemic and came out with record-breaking numbers. Indeed, from June 2021 […]

Jamaica to Grant Licenses for Two Casino Resorts

Jamaica is planning to grant licenses for two casino resort projects this upcoming fiscal year, Caribbean Journal Invest has learned. To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive investment news or […]

More Than 7,500 New Hotel Rooms in the Pipeline in Jamaica

Jamaica has more than 7,500 new hotel rooms set to come on stream in the next three years, according to Tourism Minister Edmund Bartlett. To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for […]

Carnival Cruise Line Is Relaunching in the Caribbean

Carnival Cruise Line is set to begin its long-awaited return to Caribbean cruising later this summer. The cruise giant will resume cruise operations in the region with eight ships by the end of August, the company confirmed this week. That […]

Tourism Minister Anthony Mahler on What’s Fueling Belize’s Hotel Boom

By Joe Pike, Special Contributor to CJI To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive investment news or Caribbean Journal Travel Advisor for targeted content for travel agents and advisors. Subscribe […]

A New $210 Million Resort Project in the Dominican Republic

Hotels, Film Projects Driving New Investment in Nevis

By Joe Pike, Special Contributor To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive investment news or Caribbean Journal Travel Advisor for targeted content for travel agents and advisors. Subscribe today to […]

CJI Conversation: What’s Next for Tourism Investment in Trinidad

How Saint Lucia Is Keeping Investors Interested During the Pandemic

How the Pandemic Has Impacted Shipping in the Caribbean

The impact of the COVID-19 pandemic has been at every level of the Caribbean economy, from hotels and resorts to construction and real estate. But what about the shipping industry? As the movement of goods becomes even more essential, it’s […]

CJI Conversation: The Hartling Group’s Karen Whitt on the Turks and Caicos Hotel Industry

By Joe Pike, Special Contributor The Hartling Group, which represents three top luxury hotels in Turks and Caicos, was poised to have its strongest first quarter in company history, said Karen Whitt, the company’s vice president of sales and marketing. […]

Mark Gaus on What’s Next for Real Estate in the Cayman Islands

By Alexander Britell, Editor-in-Chief, CJI It’s hard to imagine that there was a hotter real estate market in the Caribbean in recent years, with surging development from beachfront condos to residential resorts. So what’s next for Cayman in the midst […]

Trinidad Has Big Tourism Plans

The island of Trinidad has unveiled some bold goals to grow its long-under-the-radar tourism sector. Tourism Trinidad Limited, the island’s destination marketing company, says it is planning to increase visitor arrivals by 7 percent for the 2019-2020 fiscal year period, […]

Marriott Just Opened Its New All-Inclusive Concept in Cancun